What Billionaires Going to Space Tells Us About Inflation

You probably saw the news of Amazon founder Jeff Bezos and Virgin Galactic founder Richard Branson riding into space last month.

Naturally, many people were awe-struck at these feats.

Ever since the moon landing of 1969, space has captured the imagination of millions of Americans.

This is laudable. The human experience is all about pushing limits and breaking new barriers.

While these ventures demonstrated great entrepreneurial prowess, they’re also illustrative of some troubling economic trends.

Rich magnates can have the opportunity to engage in vanity projects that most Americans, including small and mid-sized business owners could only dream of doing.

To be sure, space travel has its value but you have to wonder if these recents space rides will be followed up with any more substantive space exploration ventures.

The hardened cynic would view these trips as just another checkbox on a billionaire’s bucket list and will likely not add much value to society at large.

One also has to question the motives of monopoly capitalists and how they’ve attained their vast wealth.

Not all of the wealthy have built their wealth through nefarious means, but there are quite a few who have used government privileges and questionable business practices to build massive amounts of wealth.

Some economic bigwigs have continued to strike it rich in the present when millions of people are in dire economic straits thanks to lockdown policies.

Regardless of where you stand on socioeconomic questions, you can see why many people are beginning to get angry with the politicians and corporate oligarchs.

Now the solutions that many of the people complaining put forward can be all over the place…

Some may actually make things worse.

But the dissatisfaction is justified.

What’s more, certain economic macro trends don’t augur well for the US.

With inflation entering the national discourse, income inequality will only increase by even greater amounts.

Inflation disproportionately hurts the working class thanks to the Cantillon Effect .

This is an observation that the French-Irish economist Richard Cantillon made during the 18th century.

In his time, Cantillon observed that the closer you were to the crown and the moneyed elites, the more you prospered.

The way elites thrived in inflationary circumstances was through their ability to purchase financial assets on the cheap and then watch as those prices inflate.
Banks and other financial institutions are usually the first beneficiaries of freshly printed money.

These enterprises and individuals are in a great position because they can channel all that surplus liquidity into financial assets.

And they usually do so by buying assets at low prices.

However, for John Q. Public, it’s a whole different ball game.

The average worker is generally far from the freshly printed money, and ends up receiving a raw deal through higher food prices or lower real wages once inflation rears its ugly head.

As inflation becomes a fixture of the economy, the Cantillon effect will be a harsh reality Americans will have to confront.

They’ll also have to deal with a widening inequality gap.

This is pretty worrisome stuff.

But what if I told you that not all hope is lost?

You see, by becoming an income property investor you’re already ahead of the curve.

The game is quite simple.

Take on a mortgage for a property and then rent it out to a tenant.

In doing so, you’re effectively outsourcing the debt to the tenant.

It’s self-liquidating debt and this will be your bread and butter move in building a rock solid real estate portfolio.

But this is only the first step.

To truly thrive in real estate, you will need guidance on this path. The country is entering uncharted economic waters, which will require economic prudence on your part.

You see, no man is an island and in times of socio-economic turmoil there’s value in having a community to fall back on.

It’s no secret that American civil society has been deteriorating over the last few decades, as witnessed by declining participation in civic activities.

This is bad for a society’s social health.

But there are good people out here who are proactively working to rebuild society from the ground up.

The Empowered investor community is one of the organizations that’s filling in the void and giving people tools to build wealth in the turbulent times that lie ahead.

There’s a good chance you’re subscribed to my YouTube channel or have at least listened to my Creating Wealth Podcast.

No doubt that there is great content in these places that you can apply to grow your wealth.

But what if I told you that this information is not enough to realize your full potential…

I’m not going to sugarcoat it.

There’s many levels to the real estate game.

Sure, you may be able to move up a bit on your own.

But eventually, you’ll encounter roadblocks along your real estate journey.

Worst of all, you might actually plateau.

There’s only so much you can do as a lone wolf.

You’ll eventually need help.

And there’s nothing wrong with that.

At the Empowered Investor, I and fellow empowered investors will give you real estate secrets that you won’t find on the Creating Wealth Podcast.

This is hidden knowledge for those who want to use income properties as vehicles for generating reliable cash flows for years to come.

Joining the Empowered Investor will allow you to tap into a network of entrepreneurs and investors who will guide you down the path of financial autonomy.

You will get the chance to look at my most successful clients’ stories.

We’re all about hands-on experience at the Empowered investor.

It’s all about people who actually take risks and do the work. You will find no armchair analysis in these parts.

By studying my clients’ success stories and failures, you’ll learn how they bring in consistent cash flows from income properties.

And this will save you TONS of time.

Most people usually spend countless hours of detective work in volatile cyclical markets and end up getting torched in the process.

That’s what happens when people not only listen to sketchy “gurus”, but also try to pull a lone wolf for far too long.

No matter how you slice it, you can’t go all alone in your quest towards financial security.

You will need a community of individuals who “have been there, done that” to help you reach your ultimate potential.

That’s where the Empowered Investor community comes in to give you a helping hand.

Ditch the temptation to invest in volatile cyclical markets that the corporate press and real estate “experts” constantly yammer on about.

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